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$850,000
Available - For Sale
Listing ID: X12986430
31 Bingeman Street , Kitchener, N2H 2R7, Waterloo


Looking for a mortgage helper, turnkey income property, long-term investment, development opportunity or triple garage right in the heart of Kitchener? Then 31 Bingeman is worth exploring! This well-maintained triplex offers three large, bright and spacious units with attractive layouts that appeal to both owners and tenants alike. Live in one unit - offset the mortgage with the other 2! Each unit is separately metered for hydro, plus huge detached garage with hydro too- great for workshop, extra vehicles, additional rental income, hobby space, potential storage, etc - so many possibilities! In addition to a great house-hack opportunity, savvy investors will love this for a stable multi-residential property in a growing market. Situated on a large 8,999 sq ft lot, the property offers tons of parking, and long-term upside as the city continues to grow. For those seeking larger development potential and income - let your imagination fly! The generous lot size also presents potential future opportunities such accessory dwelling unit/sever and multiplex/ further residential development etc. Located close to transit, shopping, restaurants, key amenities. Just around the corner from Centre in the Square and Kitchener public Library, quick walk to LRT City Hall Station and Brubacher Green Park. This versatile property offers good current income with exciting future potential. Must see!
Price $850,000
Taxes: $6281.32
Assessment Year: 2025
Occupancy: Tenant
Address: 31 Bingeman Street , Kitchener, N2H 2R7, Waterloo
Directions/Cross Streets: Lancaster St and Bingeman
Rooms: 13
Rooms +: 3
Bedrooms: 7
Bedrooms +: 0
Family Room: F
Basement: Partially Fi
Washroom Type No. of Pieces Level
Washroom Type 1 4 Ground
Washroom Type 2 4 Second
Washroom Type 3 4 Second
Washroom Type 4 3 Basement
Washroom Type 5 0
Total Area: 0.00
Approximatly Age: 100+
Property Type: Triplex
Style: 2-Storey
Exterior: Brick, Aluminum Siding
Garage Type: Detached
Drive Parking Spaces: 6
Pool: None
Approximatly Age: 100+
Approximatly Square Footage: 2500-3000
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: Central Air
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
Red And White Realty Inc
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At a Glance:
Type: Freehold - Triplex
Area: Waterloo
Municipality: Kitchener
Neighbourhood: Dufferin Grove
Style: 2-Storey
Lot Size: x 136.00(Feet)
Approximate Age: 100+
Tax: $6,281.32
Maintenance Fee: $0
Beds: 7
Baths: 4
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
Payment Calculator:
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